February 14, 2026

87-year-old grocery chain closing over half its locations

Business

A major grocery chain is closing locations and offering discounts up to 50% off. Consumers are cutting back and trading down, forcing higher-end grocery stores to adjust or close locations. Many lower-priced chains, including McDonald's and Dollar General, have talked openly about adding higher-income customers during this period of economic strife across the United States.

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